These Terms of Use are effective as of September 12, 2023.
The service is made available to you by GT Protocol (“GT Protocol ”, “we”, “us” or “our”) through the website located at https://www.gt-protocol.io/, GT Protocol mobile application(s), application program interface(s), all together or each separately is referred to as (collectively, the “Software”).
The following terms and conditions (the “Terms of Use”) are the terms and conditions for the use of the Software by end-user clients or visitors (“Client”, “you” or “your”). You cannot use the Software without accepting these Terms.
The Website provides access to a decentralized protocol on various public blockchains, including but not limited to Bitcoin, Ethereum, and BNB Chain, allows users to trade and swap certain compatible digital assets. This is referred to as the "GT Protocol" or the "Protocol" and offers other services as well.
We also offer online software as a service (SaaS) through our website https://www.gt-protocol.io/ (the “Website”). Our software (“Software”) enables you to trade and invest in cryptocurrencies employing an automatic crypto trading instruments – of which you control and configure the settings.
This document contains very important information regarding your rights, obligations, conditions, and limitations. Please read these terms carefully before accessing and using the GT Protocol software.
By accepting these Terms and Conditions you agree that:
These Terms of Use constitute a legally binding agreement between You and GT Protocol regarding your access to and use of the Software.
We may update or revise these Terms of Use from time to time. You agree that you will review these Terms of Use periodically. If you do not agree to the terms of these Terms of Use or any modified version of these Terms of Use, your sole recourse is to terminate your use of the Software. If you breach any of these Terms of Use, your authorization to use the Software automatically terminates and you must discontinue all use of the Software.
GT Protocol provides you with Software. We don’t provide financial, investment, tax, legal or any other professional advice and don’t perform as the advisor. You acknowledge and agree that GT Protocol is not responsible for your use of any information that you obtain on the software. You agree that all decisions made while using the GT Protocol software are entirely your responsibility. You agree that your use of the service is at your sole risk.
You are informed that you might lose some or all your funds. There are some other risks that are associated with your use of the GT Protocol that GT Protocol can’t anticipate: purchasing, holding and using cryptocurrencies.
The GT Protocol team does not control or operate any version of the Protocol on any blockchain network. By using the Website, you understand that you are neither buying nor selling digital assets from us, and that we neither operate any liquidity pools on the Protocol nor control trade execution on it. When traders pay fees for trades, these fees accrue to the liquidity providers of the Protocol. Generally speaking, the GT Protocol team does not act as a liquidity provider for the Protocol's liquidity pools, and the liquidity providers are independent third parties. The Protocol was initially deployed on the BNB Chain blockchain.
By using our Website and Software, you declare to be at least 18 years old.You agree not to provide any information, data or content to us that is incorrect, inaccurate, incomplete or that violates any law or regulation. You agree that you will not allow third parties to:
You may not create an account under someone else’s name or act within a platform like someone else in any other way.
GT Protocol is assigned to block your account and deny you access to the Website and Software (temporarily or permanently) if we suspect abuse of the account or the Website.
We can also block your account or deny you access to the platform if you do not comply with these Terms, including conditions and policies referenced herein.
GT Protocol can change all prices, discounts, and promotions without notice. The price charged for a product or service will be the price advertised on the Software at the time the order is placed, subject to the terms of any promotions or discounts, your geographical location or residence, and chosen payment method.
If we change our prices, that change will only apply to purchases made after the date the prices come into effect.
Additional charges or taxes may be applied by your payment service provider, issuer bank or intermediary which are beyond our control.
You can use any available and the most convenient payment method currently available in the GT Protocol Software for all purchases.
Any payments you make in the Software and for the Software may be subjected to VAT (value-added tax) with an appropriate rate and in accordance with the law of jurisdiction, you established. GT Protocol accrues and charges VAT for your payments based on the place you established, which is automatically determined by the IP address of your device.If you disagree with the information that was determined automatically, you are obliged to provide us your billing address, given that the Software will be used at this location.You represent and guarantee that: (i) the payment information you supply to us and any payment service provider (“PSP”) we may use is true, correct and complete, (ii) you are duly authorized to use such payment method for the purchase, (iii) charges incurred by you will be honored by the issuer of your payment method, and (iv) you will pay charges incurred by you at the posted prices, including all applicable taxes, if any, regardless of the amount quoted on the Software at the time of your order.
To start using GT Protocol software you must register your Personal Client Account and complete your profile with appropriate information. You are solely responsible for ensuring that the use of the GT Protocol Software in accordance with these Terms of Use in your jurisdiction of residence is permitted by law or regulation. We will prohibit your access to the Software if it is not permitted by the law in your country.
As part of the registration process, you will be required to provide us with certain information, such as your email address and password. For more information about the information that we collect, please see our Privacy Policy.
3.1 Account Confidentiality
Any personal information, your username, password, date of birth, etc. chosen by you must be treated as confidential, and you must not disclose it to any other person or entity. Your Client Account is personal to you and you should not provide any other person access to your Client Account. You should notify us immediately of any unauthorized access to or use of your username or password or any other breach of security. For your personal security please log out from your account at the end of each session. You are responsible for any password misuse or any unauthorized access.
3.2 Trial Period
If you have selected to use a free trial, we will provide you access to the Software for the time-limited period (“Trial”). You agree that you were acquainted with the Terms of Use and the additional terms remain unchanged for you during the Trial Period.
The Trial Period lasts 3 days from the activation date and until the time of termination, or the start date of any purchased Software NFT access package, or may be terminated at any time by GT Protocol in case of violation of the Terms of Use.
3.3 Account Termination and Cancellation
You have the right to close your Client Account at any time once all obligations associated with the Client Account have been completed.
You acknowledge and agree that if we disable access to your Client Account, you may be prevented from accessing the Software.
4.1 All offers and free trial period are always subject to these Terms and Conditions.
4.2. You need to choose the access package to use the Website and the Software.
4.3. GT Protocol offers several NFT-access packages. The packages differ in the amount of features.
4.4 You will get access to the platform right after the package purchase has been completed.
4.5 Users can cancel the package by the end of the term already paid for. The account of the User will remain active for the period that User has already paid for.
Packages plan purchases are non-refundable.
GT Protocol can change its refund policy without notice.
We reserve the right to issue refunds at our sole discretion. If we issue a refund in one instance, we are under no obligation to issue other refunds in the future.
GT Protocol respects your privacy and anticipates the EU General Data Protection Regulation (GDPR). In our Privacy Policy, you can read which personal data we collect from you and for what purposes we collect it.
Any third-party content, data, information, or publications made available through the Software are furnished by us on an as-is basis for your convenience and information. Any opinions, advice, statements, services, offers, or other information made available by third parties are those of the respective author(s) or publisher(s) but not by GT Protocol.
User is aware of the accompanying risks of possessing, trading and using cryptocurrencies and takes full responsibility for these risks.
By accessing and using the Website, you represent that you possess the financial and technical sophistication to understand the inherent risks associated with using cryptographic and blockchain-based systems. You assert that you have a solid understanding of the usage and intricacies of digital assets, such as ether (ETH), so-called stablecoins, and other digital tokens. This includes tokens following the Ethereum Token Standard (ERC-20) and standards of other digital tokens transacted on GT Protocol.
You are aware that the markets for these digital assets are in their infancy and are prone to high volatility due to various risk factors, including but not limited to, adoption, speculation, technology, security, and regulatory considerations. You recognize that anyone can create a token, even producing fake versions of existing tokens or tokens that falsely represent projects. You acknowledge the risk that you might unintentionally trade these or other deceptive tokens. It's essential to note that so-called stablecoins might not be as stable as they claim, might lack full or sufficient collateral, and could be vulnerable to sudden withdrawals or panics.
Furthermore, you comprehend that smart contract transactions are automatically executed and settled. Once confirmed, blockchain-based transactions become irreversible. You accept that the cost and speed associated with cryptographic and blockchain-based systems, such as Ethereum, can be unpredictable and might surge dramatically without warning. You also recognize the risks associated with choosing to trade in Expert Modes, which can lead to significant price slippage and elevated costs.
If you decide to act as a liquidity provider to the Protocol via the Website, you understand that fluctuations in the prices of tokens in a trading pair or liquidity pool may cause your digital assets to lose partial or total value while supplied to the Protocol.
Lastly, it's clear to you that we neither create, own, nor operate cross-chain bridges. We do not offer any assurances about the reliability or integrity of any cross-chain bridge, including its use for GT Protocol governance.
In essence, you understand that we neither control nor own the Protocol and cannot be held accountable for any losses you might incur while accessing or using the Website. Consequently, you agree to shoulder full responsibility for all risks when accessing and using the Website to engage with the Protocol.
Except as otherwise expressly provided in this agreement, neither party makes any representation or extends any warranty of any kind, either express or implied, to the other party with respect to the software of this agreement and hereby disclaims all implied warranties of merchantability, fitness for a particular purpose and non-infringement with respect to any and all of the foregoing. Each party hereby disclaims any representation or warranty that the development, manufacture or commercialization of any licensed compound, option compound or licensed product under this agreement shall be successful.
GT Protocol, its respective directors, officers, employees and agents expressly disclaim all other representations, endorsements, warranties, and conditions, express or implied, including, without limitation, any representation, warranty or condition of merchantability, fitness for a particular purpose, title, or non-infringement, completeness, security, reliability, suitability, accuracy, currency or availability, error-free, uninterrupted, that defects will be corrected, that our software or the server that makes it available are free of viruses or other harmful components or any warranty arising from a course of dealing, performance, or trade usage.
GT Protocol provides no warranties or representations regarding the software including but not limited to that the software will meet your requirements; the software will be uninterrupted, timely, secure or defects-free; the results obtained from the use of the software will be accurate or reliable; or that any as well-known as still not detected defects will be corrected.
We cannot and do not guarantee or warrant that files or data available for downloading from the internet or the software will be free of viruses or other destructive code. You are solely and entirely responsible for your use of the software and your computer, internet and data security.
To the maximum extent permitted by applicable law, you expressly understand and agree that GT Protocol and their respective directors, officers, employees or agents shall not be liable to you for any direct, indirect, incidental, special consequential or exemplary damages which may be incurred by you in connection with your use of the software, however, caused and under any theory of liability including, but not limited to, any loss of profit, lost opportunities, loss of data suffered, or other intangible loss. Nothing in these terms will exclude or limit GT Protocol liability when it cannot be excluded or limited under applicable law.
Gt Protocol, its respective directors, officers, employees and agents expressly disclaim all other representations, endorsements, warranties, and conditions, express or implied, including, without limitation, any representation, warranty or condition of merchantability, fitness for a particular purpose, title, or non-infringement, completeness, security, reliability, suitability, accuracy, currency or availability, error-free, uninterrupted, that defects will be corrected, that our software or the server that makes it available are free of viruses or other harmful components or any warranty arising from a course of dealing, performance, or trade usage.
Gt Protocol provides no warranties or representations regarding the software including but not limited to that the software will meet your requirements; the software will be uninterrupted, timely, secure or defects-free; the results obtained from the use of the software will be accurate or reliable; or that any as well-known as still not detected defects will be corrected. We cannot and do not guarantee or warrant that files or data available for downloading from the internet or the software will be free of viruses or other destructive code. You are solely and entirely responsible for your use of the software and your computer, internet and data security.
Currently, GT Protocol does not provide Services, nor do we accept the registration of Users in the following countries: North Korea, Cuba, Sudan, Syria, Iran, Mainland China, Singapore, the United States, the United Kingdom, Hong Kong, Russian-controlled regions of Ukraine (currently including Crimea, Donetsk, and Luhansk regions), Sevastopol, and Canada (collectively referred to as 'Prohibited Countries'). For clarification, the Prohibited Countries list is non-exclusive and subject to change at any time and from time to time, at GT Protocol’s sole discretion, taking into account legal and compliance considerations. You understand and acknowledge that if it is determined that you have provided false representations of your location or place of residence, we reserve the right to take any appropriate actions in compliance with applicable laws and regulations, including the immediate termination of any Account and the liquidation of any open positions. You undertake to inform GT Protocol at the earliest possible opportunity if you become a resident of any of the aforementioned Prohibited Countries.
We are not registered with the U.S. Securities and Exchange Commission as a national securities exchange or in any other capacity. You understand and acknowledge that we do not broker trading orders on your behalf. Furthermore, we do not facilitate the execution or settlement of your trades, which occur entirely on public distributed blockchains such as Ethereum. Consequently, we cannot guarantee market best pricing or best execution through the Website or via our API feature, which only routes trades across liquidity pools on the Protocol. Any references on the Website to “best price” are not representations or warranties about pricing available through the Website, on the Protocol, or elsewhere. **Non-Solicitation; No Investment Advice** You agree and understand that: (a) All trades you submit through the Website are deemed unsolicited, meaning they are initiated solely by you; (b) You have not received any investment advice from us in connection with any trades, including those placed via our API; and (c) We do not conduct suitability reviews of any trades you submit. While we might provide information about tokens on the Website sourced from third-party data partners — through features like rarity scores, token explorer, or token lists — and while we might offer warning labels for certain tokens, this does not imply solicitation on our part. We are not attempting to induce you into any purchase based on the provided information. All such information is solely for informational purposes and should never be interpreted as investment advice or a recommendation. The decision and accountability for determining the appropriateness of any investment or transaction lie solely with you.
The Website functions as a purely non-custodial application. We never have custody, possession, or control of your digital assets at any point. This also means that the responsibility for the cryptographic private keys to your digital asset wallets rests solely with you. Never share your wallet credentials or seed phrase with anyone. We bear no responsibility or liability in relation to your use of a wallet and make no guarantees about the Website's compatibility with specific wallets. Additionally, if your wallet gets compromised, the responsibility lies with you. This Agreement doesn't establish or suggest any fiduciary duties on our part. To the extent permitted by law, any potential fiduciary duties or liabilities that might exist are hereby disclaimed, waived, and negated. The only obligations we owe you are those explicitly stated in this Agreement.
The Website might not be suitable or available for use in all jurisdictions. By accessing or using the Website, you confirm that you solely bear the responsibility for compliance with all pertinent laws and regulations. Your use of the Website or the Protocol could lead to varied tax implications, such as income or capital gains taxes, value-added taxes, goods and services taxes, or sales taxes in specific jurisdictions. It's your duty to ascertain any applicable taxes from your transactions and report and remit them to the relevant tax authority.
The term of your paid package and the license granted will remain in effect until terminated by either you or GT Protocol.
We may terminate your use of the Software and/or access to the Contents, APIs, features, functionality, products and services made available in connection therewith, at any time and for any reason, with or without cause, without prior notice to you and without any liability or further obligation of any kind whatsoever to you or any other party.
GT Protocol reserves the right to change these Terms and Conditions. When we change these Terms in a significant way, we will notify Users by newsletter and post a notification on our Website along with the updated Terms. By continuing to use the Website, you acknowledge the most recent version of these Terms.
If we do not enforce these Terms, this cannot be construed as consent or waiver of the right to enforce them at a later moment in time or against another User.
Users cannot transfer the rights and obligations from these Terms to third parties.
These Terms of Use, including the Privacy Policy and any other URL incorporated by reference in these Terms and Conditions, constitute the entire agreement between you and GT Protocol relating to your use and our provision of the Software.